Saudi Arabia wants to cooperate with other oil producers to support the oil market, Saudi-owned Al Arabiya television reported on Sunday, quoting an unnamed Saudi source.
The source also told the Dubai-based satellite channel that the kingdom was not the source of a proposal to cut production that Russia was studying.
Russian Energy Minister Alexander Novak also told reporters that there was a proposal of a meeting between Organization of the Petroleum Exporting Countries (OPEC) members and non-OPEC countries, and that Russia was ready for the meeting.